NOT LISTED FOR SALE

7045 Woodley Ave Unit 113 Van Nuys, CA 91406

Van Nuys Neighborhood

Estimated Value: $429,876 - $439,000

2 Beds
2 Baths
916 Sq Ft
$478/mo HOA Fee

Last Sold August 07, 2024

Last sale price $425,000 $464 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,204/month

26 Days on Market

Highlights

  • Fitness Center
  • 0.87 Acre Lot
  • Sauna
  • Gated Community
  • Main Floor Bedroom
  • Granite Countertops

About This Home

As of August 2024

PRICE IMPROVEMENT!!!Great Opportunity to own a Spacious, 2-bedroom 2 bath lower unit condo in Van Nuys/ Lake Balboa. With over 918 sq ft this super cute condo has two balconies, one off the Livingroom and one off the Master suite. The spacious open layout that seamlessly connects the Livingroom, which has a fireplace, dining area and Kitchen. Central AC and Heat. New laminate flooring, crown molding and fresh paint throughout. The master suite has a walk in closet and private bathroom, a nice size second bedroom. With a large bathroom adjacent.
Two car Tandem parking in a gated garage and security outside entry. The community amenities include a, fitness room/gym, sauna and pool. This property is conveniently located to nearby Restuarant's, Shopping, within walking distance. Close proximity to Lake Balboa and Parks, golf courses, Van Nuys Airport. Easy access to the 405 freeway and the Orange Metro Link.
Perfect for first time buyers, investors looking for a rental income. Just A perfect place to call Home!

Last Agent to Sell the Property

Stacy Stetz

Rodeo Realty Brokerage Phone: 818-439-8087 License #01773298 Listed on: 05/03/2024

Rodeo Realty

Last Buyer's Agent

Jennie Izumi

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate License #01873270

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,990

Year Built

  • Built in 1989

Lot Details

  • 0.87

HOA Fees

  • $478 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Tandem Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 916 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Laminate Flooring
  • Courtyard Views
  • Laundry Room

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Home Security

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Additional Features

  • Living Room Balcony
  • 1 Common Wall

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 45174
  • Assessor Parcel Number 2224010087
  • $132 per year additional tax assessments

Community Details

Overview

  • Front Yard Maintenance
  • 50 Units
  • Higher Ground Property Management Association, Phone Number (818) 532-9907
  • Valley

Amenities

  • Sauna

Recreation

  • Fitness Center
  • Community Pool

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,990

Year Built

Built in 1989

Lot Details

0

HOA Fees

$478 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community, Smoke Detector(s)
  • View: Yes
  • Zoning: LAR3
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2224010087
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 916.00 Square Feet
  • Interior Amenities: Balcony, Granite Counters, Living Room Balcony
  • Stories: 1
  • Entry Location: Main
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 463.97
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Walk-In Closet
  • Bathroom Features: Shower In Tub

Exterior Features

  • View: Courtyard
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Tandem Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Microwave, Refrigerator, Water Heater
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Sauna, Gym/Ex Room, Trash, Water, Maintenance Front Yard
  • Association Fee: 478.00
  • Association Fee Frequency: Monthly
  • Association Name: Higher Ground Property Management
  • Phone: 818-532-9907
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Valley
  • Association Management: Higher Ground Property management

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 37687.00
  • Lot Size Acres: 0.8652
  • Latitude Manual: 34.19903700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 37687.0000 Square Feet
  • Number Of Units In Community: 50
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1276.04
  • Tax Lot: 1
  • Tax Tract Number: 45174
  • TaxOtherAnnualAssessmentAmount: 132.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
Jul 31, 2024
Sold by
Michael C Kommel Trust and Kommel Michael C
Bought by
Arriaga Gabriela Viviana Paya
Seller's Agent
Stacy Stetz
Rodeo Realty
Buyer's Agent
Jennie Izumi
BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate
List Price
$425,000
Sold Price
$425,000
Views
44
Current Estimated Value
$433,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,469
Avg. Annual Appreciation
2.18%
Original Mortgage
$134,500
Outstanding Balance
$133,217
Interest Rate
6.86%
Estimated Equity
$301,993

Purchase Details

Listed on
Dec 11, 2023
Closed on
Dec 20, 2023
Sold by
Stone Dana
Bought by
Michael C Kommel Trust and Kommel
Seller's Agent
Donna Rose-Haim
Rodeo Realty
Buyer's Agent
Stacy Stetz
Rodeo Realty
List Price
$399,950
Sold Price
$405,000
Premium/Discount to List
$5,050
1.26%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.22%

Purchase Details

Closed on
Oct 12, 2009
Sold by
Goldberg Barry
Bought by
Goldberg Dana Stone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2009
Sold by
Bank Of America Na
Bought by
Goldberg Dana Stone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2009
Sold by
Maniscalco Michelle
Bought by
Bank Of America Na

Purchase Details

Closed on
Feb 14, 2007
Sold by
Woodley Investments Llc
Bought by
Maniscalco Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,200
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2005
Sold by
8530 Cedros Llc
Bought by
Woodley Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,300,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Arriaga Gabriela Viviana Paya $425,000 Progressive Title Company
Michael C Kommel Trust $405,000 Progressive Title Company
Goldberg Dana Stone -- Chicago Title Company
Goldberg Dana Stone $140,000 Chicago Title Company
Bank Of America Na $195,000 Accommodation
Maniscalco Michelle $275,500 First American Title Co
Woodley Investments Llc -- Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arriaga Gabriela Viviana Paya $134,500
Closed Arriaga Gabriela Viviana Paya $135,000
Previous Owner Goldberg Dana Stone $100,000
Previous Owner Maniscalco Michelle $275,200
Previous Owner Woodley Investments Llc $16,300,000
Closed Woodley Investments Llc $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2024 08/07/24 Sold $425,000 0.0% $464 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
05/29/2024 05/29/24 Off Market $425,000 -- --
05/20/2024 05/20/24 Price Changed $399,000 -6.1% $436 / Sq Ft
05/03/2024 05/03/24 For Sale $425,000 +4.9% $464 / Sq Ft
12/29/2023 12/29/23 Sold $405,000 +1.3% $442 / Sq Ft
12/19/2023 12/19/23 Pending -- -- --
12/11/2023 12/11/23 For Sale $399,950 -- $437 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,990 $425,000 $254,700 $170,300
2024 $4,990 $405,000 $243,800 $161,200
2023 $2,215 $173,683 $62,028 $111,655
2022 $2,111 $170,278 $60,812 $109,466
2021 $2,081 $166,940 $59,620 $107,320
2019 $2,019 $161,990 $57,852 $104,138
2018 $2,003 $158,815 $56,718 $102,097
2016 $1,905 $152,650 $54,516 $98,134
2015 $1,878 $150,358 $53,698 $96,660
2014 $1,891 $147,414 $52,647 $94,767
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24086826

California Regional Multiple Listing Service (CRMLS)

APN: 2224-010-087